February 2023 (Manama, Bahrain) – Bahrain-based SINNAD Company, a leading Card Processing Payment Solutions and Digital Payments in the Middle East and Africa (MEA) region is pleased to announce the appointment of Mrs. Rana Almaeeli as its Chief Executive, effective February 2023. This appointment comes as part of SINNAD’s efforts to drive its digital strategic vision and scale their business offerings across the GCC and the African market.
Mrs. Rana Almaeeli has held a range of senior managerial positions at SINNAD and has a long history of excellence in the Card Processing, Payment Solutions, and digital payments realm. Rana has also worked as a General Manager at SINNAD for over 11 years, where she leveraged her extensive expertise in digital payments and Payment Solutions.
It is also worth noting that Rana received the HRH Princess Sabeeka Bint Ibrahim Al Khalifa award in December 2015, under the theme “Women in the Financial and Banking Sector,” for the youngest General Manager in the banking sector.
SINNAD, a subsidiary of The BENEFIT Company, was founded with the aim of supporting banks in growing their business with high efficiency, low operating cost and increased profitability by outsourcing their services. Through best-in-class technology and know-how, it provides banks with reliable, efficient and easy-to-use card issuings, ATM and Merchant Acquiring complete solutions from systems outsourcing to full operations. Over the years, SINNAD has established itself as one of the leaders in digital payments and Card processing in the MEA region.
Commenting on the appointment, Mohamed Ebrahim AlBastaki, Chairman of SINNAD said, “I would like to congratulate Rana on her new role as CE and express my best wishes for her. Rana has been a valuable asset at SINNAD for over a decade now and has consistently shown her commitment and dedication to the firm through her work experience and invaluable contributions. She played an integral role in shaping SINNAD and helped to set many of the foundational cornerstones that it was built upon. We are confident in her ability to lead SINNAD’s further growth and evolution.”
Addressing the promotion, Mrs. Rana Almaeeli commented, “I would like to express my sincerest gratitude towards the Board of Directors , senior management and my colleagues for their unwavering support throughout the years. I am honored to have been a part of SINNAD since the beginning of its journey. We have achieved incredible growth and reached countless milestones over the years, and I look forward to leading our future endeavors as CE.”
“I am certain that my extensive knowledge and skills in fostering a progressive, strong financial services environment equips me to lead SINNAD into its next phase, and it is a great privilege to contribute to its success story in the Middle East and Africa regions.”
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About Sinnad
SINNAD W.L.L is regulated by the Central Bank of Bahrain and licensed as an Ancillary Services Provider – Card Processing and Payment Service Provider. The company is a subsidiary of Bahrain Electronic Network for Financial Transactions, The BENEFIT Company.
With the most advanced financial technology and payment solutions, SINNAD is considered one of the leaders in digital payments and Card processing in the Middle East and African regions. The brand name implies an organization with quality, trust, ethics, and high standards and performance in the payments and card-processing sector.
